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7 Applications Reshaping Music’s Business

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Technologies have forced immeasurable industries to change and adapt in recent years. And, the business of music is not exempted.

As new ways of music distribution are created and musicians gain more and more straight access to their fans via social media, the music industry is slowly evolving.

Perhaps, the significant change to the industry comes from the increase of music streaming services, where you could download free songs. Aside from changing the way we purchase and listen to music, it also changed the way in which artists are compensated for their work.

Musicians such as Taylor Swift have publicly spoken out about artist’s compensation in previous years, pointing to several of the biggest streaming platforms for unfair compensation policies.

Additionally, technology is accountable for giving artists with much more straight access to their fans via social media and other handset platforms.

Musicians could receive valuable data from and about their fans using these technologies, with just one click. Also, fans could create a deeper devotion or connection to a certain musician or artists.

To keep up with these tech-driven changes, the industry of music would continue to evolve. The application market would continue to capitalize on the shift of the industry.

Currently, there are already a lot of applications available to both Android and iPhone users that solely focus on music – whether fan-to-musician connection, music business, or music delivery. Here are several apps that are reshaping the industry of music today:

GigFunder

The costs linked with touring could be expensive for new and independent artists.

However, GigFunder – which calls itself as the 1st crowdfunded tour site in the world – lets artists raise the funds required to take their show on the road by clicking into their existing fan base.

Reshaping 1

The campaigns in GigFunder are opened by a fan request for an artist or band to conduct a show in a particular location. This provides musicians with useful comprehensions into where their most devoted fans are placed.

SoundCloud

Sound Cloud

This falls into the category of music streaming – which has already created quite a spot in the industry. However, this application provides several unique features that others in the same category do not.

For instance, artists could upload their original, own songs to the platform and could track how their uploads are performing via stats given by the app.

Artist Union

This app is one of the ideas that each artist dreams about. Remember how Justin Bieber got discovered on YouTube by usher? In that similar way, Artist Union is democratizing how musicians get discovered.

artist union

You would love how the Artist Union has several of the forthcoming artists and a variety of genres with around 850,000 individuals using the app to find a new song, even if you are an avid music listener.

WR1

This app – pronounced as “We Are One” – allows artists to directly communicate with their fans via features like direct messaging and one-to-one video chat. It is also dedicated to fairly compensating musicians for their work, returning around 95 percent of earnings to the artists using the platform.

wr1

The truth is that a musician with around 5,500 fans will make around $110,000 payout. That is almost the same as a musician can make on YouTube if they have 1 billion views.

Artist Growth

Managing the music career’s business side is a huge challenge for a lot of musicians. The songwriter-singer founder of Artist Growth made the application to assists artist manage effectively their music business upon realizing this himself.

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Artist Growth users could track store contracts, finances and other significant files, coordinate schedules, manage merchandise, create set lists, and much more. In addition to that, choosing the “Accel” feature of the platform links artists with the app’s network of agents, brands, companies, labels, and others in the industry interested in new talent

ReverbNation

This application provides artists an access to a wide set of tools required to grow, market, and create their own business of music.

Reshaping 6

Customers could create a musician profile – in which they could share photos, videos, and songs and synch with social media – as well as expert electronic press kits and custom sites, and could enjoy other features such as online submissions to regional and national opportunities, direct-to-fan selling, and digital music delivery. You could also use the gig finder feature of the app to find thousands of venues for shows.

Tidal

Tidal

This app, owned by Jay Z, has created a reputation for exclusively sharing new songs from top-notch artists such as Jack White, Kanye West, and Rihanna. The application also calls itself as the 1st music streaming service to provide High Definition music videos and High Fidelity sound quality. Users could enjoy curated playlists compiled by their favorite musicians, which includes Beyoncé and Jay Z of course.

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